Ace Fire Alarms & Security Ltd

Ace Fire Alarms & Security Ltd
Directors' Report
For the year ended 31 July 2025

Director's report and financial statements

The directors present his annual report and the financial statements for the year ended 31 July 2025

Principal activities

The principal activity of the company in the year under review was that of supplies of Fire Alarm systems.

Directors

The directors who have held office during the year were as follows:

Mr M J Redfearn

Mrs D Gonsalves (Appointed 19/06/2025)

Mr M A Redfearn (Appointed 19/06/2025)

Miss A Richards (Appointed 19/06/2025)

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Mr M J Redfearn
Director

Date approved: 24 April 2026

Ace Fire Alarms & Security Ltd
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	12,837	9,750
		12,837	9,750
Current assets
Stocks	5	32,901	21,226
Debtors	6	170,555	180,157
Cash at bank and in hand		163,240	166,649
		366,696	368,032
Creditors: amount falling due within one year	7	(85,800)	(95,014)
Net current assets		280,896	273,018

Total assets less current liabilities		293,733	282,768
Provisions for liabilities	8	(2,439)	-
Net assets		291,294	282,768

Capital and reserves
Called up share capital		200	200
Share premium account	9	7,000	7,000
Profit and loss account		284,094	275,568
Shareholders' funds		291,294	282,768

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 24 April 2026 and were signed on its behalf by:

-------------------------------
Mr M J Redfearn
Director

Ace Fire Alarms & Security Ltd
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

Ace Fire Alarms & Security Ltd is a private company, limited by shares, registered in England and Wales, registration number 03075986, registration address Unit 1 Wixenford Industrial Estate, Colesdown Hill, Plymouth, Devon, PL9 8AA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor Vehicles	25% Straight Line
Fixtures and Fittings	15% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. The contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	Average number of employees Average number of employees during the year was 8 (2024 : 9).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 August 2024	47,074	47,074
Additions	-	-
Disposals	-	-
At 31 July 2025	47,074	47,074
Amortisation
At 01 August 2024	47,074	47,074
Charge for year	-	-
On disposals	-	-
At 31 July 2025	47,074	47,074
Net book values
At 31 July 2025	-	-
At 31 July 2024	-	-

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£
At 01 August 2024	55,230	3,947	59,177
Additions	8,450	-	8,450
Disposals	-	-	-
At 31 July 2025	63,680	3,947	67,627
Depreciation
At 01 August 2024	45,480	3,947	49,427
Charge for year	5,363	-	5,363
On disposals	-	-	-
At 31 July 2025	50,843	3,947	54,790
Net book values
Closing balance as at 31 July 2025	12,837	-	12,837
Opening balance as at 01 August 2024	9,750	-	9,750

Stocks

	2025 £		2024 £
Stocks	32,901		21,226
	32,901		21,226

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	87,566	100,659
Other Debtors	82,989	79,498
	170,555	180,157

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	44,281	54,849
Taxation and Social Security	32,475	35,714
Other Creditors	9,044	4,451
	85,800	95,014

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	2,439		-
	2,439		-

Share premium account

	2025 £		2024 £
Equity Share Premium b/fwd	7,000		7,000
	7,000		7,000

10.	Related Party Disclosures At the year end the company was owed £68,905 (2024 £68,905) by Ace Fire Equipment (UK) Ltd and £30,000 (2024 £30,000) by Ace Fire Properties Ltd. The directors are all directors in Ace Fire Equipment (UK) Ltd. Mr M J Redfearn is a director of Ace Fire Properties Ltd.

11.	Ultimate Controlling Party The ultimate controlling party is Mr M J Redfearn.

Registered Number: 03075986
England and Wales
Unaudited Financial Statements

for the year ended 31 July 2025
for
ACE FIRE ALARMS & SECURITY LTD